Fold brings Bitcoin payments to Amazon and Target
US startup Fold has made Bitcoin Lightning Network payments possible at such retailers as Amazon, Starbucks, Home Depot, Target and Whole Foods. Further info here.
It follows in the footsteps of fellow US venture Moon, which earlier this year announced that any Lightning Network-enabled wallet could now be used through its Chrome browser extension. Prior to this, a small group of beta users used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.
“[The extension] will pop up a QR code and it will have the Lightning invoice, which you could also copy and paste if you can’t use the QR code for some reason, and you’ll be able to pay with your favourite Lightning wallet,” Moon CEO Ken Kruger told CoinDesk.
As an added bonus, it was announced this week that you can get 5% off during Prime Day next week when you use Moon at Amazon.com. “We're hoping this will help adoption by incentivising the average consumer to learn about Bitcoin and use it for payments,” said Kruger. “Especially since this is the first Prime Day where you can shop directly on Amazon with Bitcoin.”